USDA exports – Soybean sales drop, new-crop corn has big gain

After 1,006 past bearish report events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.8%), and +0.3% over 20.

• Aug 3, 2017USDA exports – Corn, soybean sales have down week-3.3%
• Jul 12, 2023USDA Report Bearish News for Corn and Soybeans+1.5%
• Apr 10, 2018Soybeans rally on USDA report, exports+2.4%
• Feb 27, 2025USDA Forecasts Record Corn Crop, Larger Soybean Crop for 2025-26-4.3%
• Aug 12, 2019Corn futures fall 6% after bearish USDA crop report; soybeans down 1.3%-0.1%

After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.

• Jul 12, 2018USDA Bumps Corn and Soybean Production, Drops Soybean Exports+2.9%
• Jul 20, 2017USDA exports – Sales surge for corn, soybeans and wheat-1.5%
• Nov 8, 2018USDA cuts corn, soybean crops-6.8%
• Sep 29, 2017U.S. Corn, Soybean Stocks Drop, USDA Says+3.1%
• Jul 17, 2018USDA crop progress: Corn and soybean condition drops again-0.7%

After 788 past bearish report events, Soybeans moved a median -0.3% over 5 sessions (47% higher; middle half -2.0% to +1.5%), and -0.9% over 20.

• Jul 12, 2018USDA Bumps Corn and Soybean Production, Drops Soybean Exports+1.5%
• Nov 8, 2018USDA cuts corn, soybean crops+0.3%
• Aug 10, 2018USDA raises new crop U.S. corn, soybean ending stocks - Brownfield Ag News-0.3%
• Nov 9, 2016Corn, soybean markets drop after USDA hikes production-1.6%
• Sep 12, 2016USDA Still Sees Record Corn, Soybean Crops-3.1%